New apparel sponsor
Friday, July 13th, 2007 @ 1:04 pm | Michigan Football
The University has announced a new apparel and footwear deal with Adidas. The 9-year deal is worth $7.5 million in cash and merchandise and contains a clause guaranteeing that Michigan will be Adidas’ highest-paid school. Adidas replaces Nike as the University’s athletic apparel sponsor. The new deal with Adidas will take effect in 2008 after the current contract with Nike expires.
July 19th, 2007 at 1:43 pm
To me, this kind of thing is really sad. Corporate conglomerates mingling with academia reinforcing capitalism and totally turning schools into money-making monsters of athleticism.
Well, at least Adidas is cooler than Nike!